The Role of Innovation and Entrepreneurship in Economic Growth

The Role of Innovation and Entrepreneurship in Economic Growth
Author: Michael J Andrews
Publisher: University of Chicago Press
Total Pages: 633
Release: 2022-03-17
Genre: Business & Economics
ISBN: 022681078X

"Innovation and entrepreneurship are ubiquitous today, both as fields of study and as starting points for conversations among experts in government and economic development. But while these areas on continue to attract public and private investments, many measurements of their resulting economic growth-including productivity growth and business dynamism-have remained modest. Why this difference? Because not all business sectors are the same, and the transformative gains of some industries have been offset by stagnation or contraction in others. Accordingly, a nuanced understanding of the economy requires a nuanced understanding of where innovation and entrepreneurship occur and where they matter. Answering these questions allows for strategic public investment and the infrastructure for economic growth.The Role of Innovation and Entrepreneurship in Economic Growth, the latest entry in the NBER conference series, seeks to codify these answers. The editors leverage industry studies to identify specific examples of productivity improvements enabled by innovation and entrepreneurship, including those from new production technologies, increased competition, new organizational forms, and other means. Taken together, the volume illuminates whether the contribution of innovation and entrepreneurship to economic growth is likely to be concentrated, be it selected sectors or more broadly"--

The Political Economy of Innovation Development

The Political Economy of Innovation Development
Author: Iurii Bazhal
Publisher: Palgrave Macmillan
Total Pages: 0
Release: 2017-07-17
Genre: Business & Economics
ISBN: 9783319548517

This book finds that the R&D and technological innovation of a country is not a result, but a factor, of sustained economic growth. Bazhal develops Schumpeter's theory to argue that genuine economic growth - especially in transitioning and developing countries - is only possible with innovation. With a particular focus on the work of Ukrainian economists, Tugan-Batanobvsky and Vernadsky, the text seeks to move the discipline forward and explain why innovation has become a primary factor of economic development in recent decades and why its role will become even more dominant in the future. Chapters interrogate whether modern economic theory can explain how we ensure the effective functioning of the market economy. The book shows that explanations of economists and politicians regarding the nature of the current economic and financial crisis, and the causes of huge gaps in levels of wealth in market economies, demonstrates that there are not enough satisfactory answers to this question.

Innovation and Public Policy

Innovation and Public Policy
Author: Austan Goolsbee
Publisher: University of Chicago Press
Total Pages: 259
Release: 2022-03-25
Genre: Business & Economics
ISBN: 022680545X

A calculation of the social returns to innovation /Benjamin F. Jones and Lawrence H. Summers --Innovation and human capital policy /John Van Reenen --Immigration policy levers for US innovation and start-ups /Sari Pekkala Kerr and William R. Kerr --Scientific grant funding /Pierre Azoulay and Danielle Li --Tax policy for innovation /Bronwyn H. Hall --Taxation and innovation: what do we know? /Ufuk Akcigit and Stefanie Stantcheva --Government incentives for entrepreneurship /Josh Lerner.

Innovation Strategies for a Global Economy

Innovation Strategies for a Global Economy
Author: Fred Gault
Publisher: IDRC
Total Pages: 233
Release: 2010
Genre: Business & Economics
ISBN: 1849800367

Provides an agenda for future work on activities to improve understanding of innovation strategies in the medium and short term.

Entrepreneurship and Economic Development

Entrepreneurship and Economic Development
Author: Wim Naudé
Publisher: Springer
Total Pages: 384
Release: 2010-12-08
Genre: Business & Economics
ISBN: 0230295150

Leading international scholars provide a timely reconsideration of how and why entrepreneurship matters for economic development, particularly in emerging and developing economies. The book critically dissects the evolving relationship between entrepreneurs and the state.

Innovation, Intellectual Property, and Economic Growth

Innovation, Intellectual Property, and Economic Growth
Author: Christine Greenhalgh
Publisher: Princeton University Press
Total Pages: 386
Release: 2010-01-24
Genre: Business & Economics
ISBN: 0691137994

Christine Greenhalgh explains the complex process of innovation & how it sustains the growth of firms, industries & economies, combining microeconomic & macroeconomic analysis.

Innovation Economics

Innovation Economics
Author: Robert D. Atkinson
Publisher: Yale University Press
Total Pages: 544
Release: 2012-09-04
Genre: Business & Economics
ISBN: 0300189117

This important book delivers a critical wake-up call: a fierce global race for innovation advantage is under way, and while other nations are making support for technology and innovation a central tenet of their economic strategies and policies, America lacks a robust innovation policy. What does this portend? Robert Atkinson and Stephen Ezell, widely respected economic thinkers, report on profound new forces that are shaping the global economy—forces that favor nations with innovation-based economies and innovation policies. Unless the United States enacts public policies to reflect this reality, Americans face the relatively lower standards of living associated with a noncompetitive national economy.The authors explore how a weak innovation economy not only contributed to the Great Recession but is delaying America's recovery from it and how innovation in the United States compares with that in other developed and developing nations. Atkinson and Ezell then lay out a detailed, pragmatic road map for America to regain its global innovation advantage by 2020, as well as maximize the global supply of innovation and promote sustainable globalization.

Learning and Innovation in Economic Development

Learning and Innovation in Economic Development
Author: Linsu Kim
Publisher: Edward Elgar Publishing
Total Pages: 296
Release: 1999-01-01
Genre: Technology & Engineering
ISBN: 9781782542049

These essays identify the evolutionary processes and patterns of learning, capability-building and innovation in catch-up countries. They suggest that such economies have different patterns of learning from those of advanced countries. Kim uses the example of Korea to examine various industries.

Economic Growth and Development Policy

Economic Growth and Development Policy
Author: Panagiotis E. Petrakis
Publisher: Springer Nature
Total Pages: 277
Release: 2020-07-23
Genre: Business & Economics
ISBN: 3030431819

This book provides the theoretical and analytical background necessary to understanding the process of growth and the implementation of economic policies. First, it presents the growth theory landscape and the evolution of growth as well as modern growth theory arguments where the policy implications of the theoretical approaches are set. The book then covers the relationship between policy and growth, discussing not only the growth prototypes that prevail but also their relation to politics and economic policy formation and decision making. In this context, policy formation determinants, as well as the targets, instruments, and policy implementations, are crucial. The role of structural changes and structural reforms and their relationship with economic growth is also analyzed. The book ends with an interdisciplinary study of how institutions and cultural background, entrepreneurship and innovation affect policy formation.

Innovation and the Development Agenda

Innovation and the Development Agenda
Author: OECD
Publisher: OECD Publishing
Total Pages: 155
Release: 2010-08-12
Genre:
ISBN: 926408892X

Innovation drives long-term economic growth. This book examines the role of innovation in developing countries, with a focus on Africa.